Notifications, Scrip Scan

Daily Notifications as on 13th April, 2020

Scrip Sanctuaries for protection from the wildlife in this jungle of Indian Equities

Daily Notifications as on 13th April, 2020

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20200413-46

1. Scrip code : 532755
Name : Tech Mahindra Limited
Subject : Modification in terms of acquisition of majority stake in Cerium Systems Private Limited
Tech Mahindra Ltd has informed BSE regarding “Modification in terms of acquisition of majority stake in Cerium Systems Private Limited”.

2. Scrip code : 500189
Name : NXTDIGITAL LIMITED
Subject : COVID-19 & Total Lockdown Situation- Authorization To Officers Of The Company For Making Application To The National Company Law Tribunal, Mumbai Bench.
In view of the COVID-19 and total lockdown situation, the Board of Directors of the Company on April 11, 2020 has granted authority to the officers of the Company for making application to the National Company Law Tribunal, Mumbai Bench: (1) (a) Seeking dispensation of meeting of the NCLT convened meeting of the shareholders scheduled to be held on Thursday, April 16, 2020 as the same in current environment will not be possible and (b) to consider and accept the votes casted via Remote E-voting / Postal Ballot facility till Wednesday, April 15, 2020 as the final consent of the shareholders towards the Scheme of Arrangement between IndusInd Media and Communications Limited (‘IMCL’ or ‘Demerged Company’) and NXTDIGITAL Limited (‘NXTDIGITAL’ or ‘Resulting Company’) and their respective shareholders;

Excerpts from Gaurav’s Blog

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